Question: A regression was performed using data on 16 randomly selected charities. The variables were Y = expenses (millions of dollars) and X = revenue (millions

A regression was performed using data on 16 randomly selected charities. The variables were Y = expenses (millions of dollars) and X = revenue (millions of dollars).
(a) Write the fitted regression equation.
(b) Construct a 95 percent confidence interval for the slope.
(c) Perform a right-tailed t test for zero slope at Î± = .05. State the hypotheses clearly.
(d) Use Excel to find the p-value for the t statistic for the slope.

vanables coefficients std. error 10.0403 0.0936 Intercept Revenue 7.6425 0.9467

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a y 76425 09467 x b For a 95 confidence level use t 025 TINV02514 2145 The 95 confidence ... View full answer

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